Don't forget to factor in closing costs when considering a home sale or purchase. Western Colorado Real Estate, LLC is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 970-234-9891 if your needs include a real estate pro experienced in the business side of buying and selling.

What closing costs should you expect?

There are certain basic costs related to closing the sale of a house. These costs are commonly divided between the buyer and seller, as spelled out in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Colorado to help guide you through your process.

Costs pertaining to your loan to be paid at closing    (Learn more)

  • Points (optional)
  • Appraisal Fee
  • Credit Report
  • Interest Payment
  • Escrow Account

At closing, these taxes are usually paid    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Learn more)

  • Homeowners Insurance
  • Flood or Quake Insurance (optional)
  • Private Mortgage Insurance (PMI) (optional)
  • Title Insurance

Sellers: As we get through the details of your deal, not only will I work to get the highest sales price, but I'll also push for limited closing costs. And once we've arrived at an agreement, I'll fully clarify the closing costs so you are informed of exactly where your money is going.

Buyers: When buying real estate in Delta County, you'll get a "Good Faith Estimate" (GFE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's previous experience and is required to be within a suitable range so you're not startled when you come to the closing table. I'll be willing to look at the GFE with you, answering your questions and highlighting any estimates that seem unusual.

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